Latest from Banking & Finance
London cash shells now hold £572.3 million for burgeoning businesses
The number of cash shells listed on London exchanges has grown from 64 to 91, the latest Cash Shells Directory finds.
'PayPal Mafia Don' Peter Thiel leads funding round into Tech City start-up TransferWise
Skype's first employee has netted a $6 million (£3.9 million) investment from Valar Ventures, a venture capital firm set up by PayPal co-founder and early Facebook investor Peter Thiel, for his peer-to-peer money transfer business.
Crowdcube values itself at £7.1 million after ‘world record’ three-day fundraising
Crowdfunding platform Crowdcube has returned to its own service to secure additional capital for growth.
Investment for business growth: Cennox
Back in June 2012, ATM services business Cennox became the Business Growth Fund's (BGF) 10th investment – at which point the company had already developed technology which was being used by the London cycle scheme to prevent card skimming.
Passion Capital and Accel Partners back financial technology firm GoCardless for second time
GoCardless has added to the $1.5 million (£976,400) it secured in February 2012 by netting a further $3.3 million through a deal with Accel Partners and Passion Capital.
First stage of Vince Cable’s business bank kicked off with initial £1 billion kitty
Business secretary Vince Cable has unveiled the first phase of the government's new business bank, its latest initiative to encourage lending to SMEs.
London mayor Boris Johnson awards London venture capital fund tender to MMC Ventures
MMC Ventures has launched its MMC London Fund after winning a mandate from the Mayor of London and the European Regional Development Fund.
Simon Clark: Striving for easier fundraising and greater Euro engagement
Having spent a year shadowing former BVCA chairman Robert Easton, Fidelity Growth Partners’ Simon Clark is now stepping up to the role and has some ambitious targets.
Peer-to-peer lending service auxmoney attracts funding from Index Ventures
Index Ventures has teamed up with Union Square Ventures to provide $12 million (£8 million) of growth capital to peep-to-peer loan service auxmoney.
Lack of MBO cash could be problematic for business succession plans
Businesses hoping to pass on the mantle to management teams may have to look away from management buy-outs, new research suggests.
Funding for Lending Scheme posts 'disappointing' figures for end of 2012
Financing through the Funding for Lending Scheme has dropped by £2.4 billion, figures for the fourth quarter of 2012 reveals.
Video: Twilio's Jeff Lawson outlines the new Twilio Fund Europe 2013
Jeff Lawson, CEO and co-founder of cloud communications business Twilio, meets with GrowthBusiness to explain the company's new micro fund for start-ups and why it is targeting Europe this time round.
Crowdcube moves past £5 million mark on back of FSA crowdfunding regulation
Crowdfunding platform Crowdcube has marked its second year of operation by moving past the £5 million fundraising mark.
Secondary funds acquisition for Electra as it ramps up bank assets activity
Electra Partners has snapped up a clutch of secondary private equity funds in a deal which it describes as a 'discount'.
CrowdBnk's attempt to bridge the crowdfunding divide
Ayan Mitra, founder of crowdfunding business CrowdBnk, tells GrowthBusiness about the platform’s ethos and why he thinks social investing could be the solution to start-up and growth company finance.
E-commerce lending platform iwoca attracts Beyond Digital as venture backer
Loan provider iwoca has received capital itself through a funding round led by Beyond Digital.
Video: Nick Ogden of CashFlows on why he started up his business
Serial entrepreneur Nick Ogden, who calls himself an 'internet grandad', talks to GrowthBusiness about his latest venture.
UK is the most bankable private equity market in 2012
The value of the UK's private equity buyouts has risen 23 per cent so far this year to £15.7 billion from £12.7 billion in 2011.
SMEs wary of raising finance in the new year
Continuing economic uncertainty means most businesses are still cautious about raising finance in 2013, research finds.
Zopa attracts Augmentum and Forward Venture as equity backers to boost crowd lending
A peer-to-peer lending company which pairs borrowers and savers has been invested in by Augmentum Capital.
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